Global Good Fund's Next Step

Angela Atherton was just hired as The Global Good Fund’s first ever COO/CFO. The Arlington, Va., nonprofit decided it needed to bring in some expertise as it transitions from a donor-based org to one that will sell some of its social good services. Angela, who was head of risk management at Calvert Social Investment Foundation, says one of the first products will be a leadership assessment tool that helps entrepreneurs evaluate their leadership skills. The organization’s fundraising goal is around $700k from donors, and the expectation is that the for-profit products will eventually become the predominant income source.

The organization trains entrepreneurs tackling social issues through their for-profit, nonprofit, or a hybrid of both. Pictured is Valhalla Partners general partner Hooks Johnston addressing entrepreneurs at a summit this year. Global Good Fund accepts 10 fellows a year and puts them through a rigorous assessment of their leadership skills that includes polling their colleagues, clients, and board members. The fellow then works for 15 months on a leadership plan. They also each get $10k toward resources like classes to finish the plan.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Pennsylvania Avenue Office Sells For Repositioning: The D.C. Deal Sheet

Georgetown Waterfront Office-To-Condo Conversion Lands Financing

Westfield Montgomery Pays Off $350M Loan As New Retailers Expand In Mall

Tishman Misses Payment Deadline On $450M International Square Loan

Real Estate Firm Debuts With $126M Purchase Of Historic D.C. Building

Surging Costs Force Alexandria Developers To Shift Plans